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RE: China’s Economy Is Not Crashing, It’s Worse Than That

in #china6 years ago

There is plenty of reason to believe China's GDP reports have been quite well-and-truly cooked for at least 15 years. Generally, living in Beijing and teaching Middle School students who laughingly tell me that they learned in math class how China's economic figures are mutually disproving (in terms I pretend to understand because math has never been my forte and they are using calculus), I have found that their economy shows all the evidence of roughly a third of the growth they lay claim to.